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Monthly Archives: December 2009

B of A Candidates Support Breaking Up Operation

Posted: December 2, 2009 at 7:12 am

It does not say much for the future of plans to rebuild Bank of America NYSE:(BAC) that major candidates for the CEO position question the board's strategy for running the ...
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The Dow Heads Toward A 12,000 Year-End Close

Posted: December 2, 2009 at 6:04 am

It would have been preposterous to say the DJIA could close the year at 12,000 back in March when it dropped below 6,600. The market is up 60% since then ...
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Google (GOOG) Backs Down In Fight With Publishers

Posted: December 2, 2009 at 5:44 am

Google (NASDAQ:GOOG) will allow online publishers to limit the number of stories that Google News runs from them each day, a victory for some publishers who think that giving away free ...
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Amazon (AMZN) Extends Its Lead As Top Holiday Commerce Site

Posted: December 2, 2009 at 5:11 am

Measurements from online research site Experian Hitwise show that Amazon (NASDAQ:AMZN) has been the most visited e-commerce site during the holiday shopping season since 2006. It is in the process of extending ...
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Cisco (CSCO) Faces Down Tandberg Shareholders

Posted: December 2, 2009 at 4:58 am

Cisco (NASDAQ:CSCO) claims that 84% of the shareholders of its takeover target Tandberg have voted for the sales of the company. Cisco has said that if it does not have 90% ...
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Whitacre’s Appointment Will Damage GM

Posted: December 2, 2009 at 4:40 am

There are a number of reasons that current GM Chairman and former AT&T (NYSE:T) chief Ed Whitacre is an extremely poor choice to run the car company. The most obvious ...
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Media Digest 12/2/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: December 2, 2009 at 3:54 am

Reuters:   The GM board pushed out CEO Henderson. Reuters:   Bernanke will defend the Fed's record and his before Congress. Reuters:   China will let foreigners set up limited partnerships. Reuters:   Manufacturing ...
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Asia Markets And Europe Open

Posted: December 2, 2009 at 3:18 am

Market is Asia were higher. The Nikkie rose .3% to 9,609. The Hang Seng was up .7% to 22,267. Geely Auto hit an all-time high. The Shanghai Composite was up ...
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Wii Losing Its Cool & Partners’ Money (NTDOY, MSFT, SNE, GME)

Posted: December 1, 2009 at 6:04 pm

Nintendo (NTDOY) had a major winner on its hands with the Wii gaming system.  Yet no fad lasts forever.  It has been known for some time that the Wii gaming ...
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eBay’s PayPal Becomes Hidden Holiday Spending Winner (EBAY)

Posted: December 1, 2009 at 5:01 pm

eBay Inc. (NASDAQ: EBAY) may be the unexpected winner of cyber-shopping for the 2009  holiday shopping season.  Today, the company released data showing that its PayPal unit posted strong gains ...
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Henderson Out as CEO of GM (AIG, BAC)

Posted: December 1, 2009 at 4:29 pm

General Motors may be looking more like Government Motors every day.  Fritz Henderson is stepping down according to a report from CNBC's Phil Lebeau, citing sources.  What is not clear ...
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Is The M&A Arbitrage ETF For You? (MNA)

Posted: December 1, 2009 at 4:21 pm

IndexIQ is no stranger to ETFs with non-traditional investment goals.  IndexIQ recently launched an ETF called the IQ ARB Merger Arbitrage Exchange-Traded Fund (NYSE: MNA), which is the first ETF ...
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GE-Comcast Terms Done on NBC Universal (GE, CMCSA)

Posted: December 1, 2009 at 3:06 pm

CNBC's David Faber just reported that the NBC Universal deal terms between General Electric Co. (NYSE: GE) and Comcast Corporation (NASDAQ: CMCSA) are about to be signed. (more...) ...
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24/7 Wall St. TV: GM China Sales Pass US For First Time In History

Posted: December 1, 2009 at 2:09 pm

GM is being pulled out of US soil by its roots. For the first time in history the company posted monthly sales in a foreign country that were higher than ...
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New S&P Pivot Points For Cautious December (SPY)

Posted: December 1, 2009 at 10:42 am

There is some growing technical concern that is coming in the S&P 500 Index, which of course most trade via the SPDR (NYSE: SPY) ETF or the Spyders.  This is ...
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